2002 3Q Results
Q2002 3Q % 34% 67% 33% Q % 11.6% Q % 10.2% 5.1% 3.3% 19.6% △ 0.2%p 1.4%p 5% Sales & Profits Q sales was KRW 315 Billion, an increased of 5% YoY. Recurring Profit totalled KRW 37 Billion, an increase of 19.6% YoY. Sales Profits Cosmetics Household Products Sales Operating Profit Recurring Profit Operating Margin Recurring Margin YoY (KRW bn)
Sales/Profit Strong sales of seasonal gift sets and product mix improvement contributed to steady growth of sales. In result, sales and operating profit were increased by 5% and 18%. 24 Operating Profit Q2002 3Q Sales % 213 ■ Slow market growth & Increased competition - Intense competition to strengthen market position ■ Strong sales recorded for seasonal gift sets - Increase by 25% YoY ■ Product mix improvement - More premium products (‘Elastine’ Shampoo, ‘Clinx’ toothpaste, ‘Say’ soap) Household Products (KRW bn)
Sluggish consumer demand & intense competition caused a stagnant market and slowed the market growth. Through introduction of premium brands & penetration into growing markets, we are overcoming the situation Q2002 3Q % 105 ◆ Sluggish demand & Intense competition - The World Cup/Flood affected cosmetics consumption ◆ Distribution channel shift - Market portion of specialty shops/new door to door channels out of total cosmetics market was reduced ◆ Cultivating growing distribution channels - Aggressive penetration into old type door to door/discount stores markets Cosmetics Sales/Profit (KRW bn) Operating Profit Sales
H Q Q H Q % % H % Financial Status Debt-to-equity ratio declined to 145% - a decrease by 33% from the end of B / S Summary Assets (Current) ( Fixed ) Liabilities (Current) ( Fixed ) Equity (Capital Stocks) Debt to Equity Borrowings Short-term Current Maturities Corporate Bonds Long-term Total (KRW bn) Net Borrowings
Thank you ! The figures in this presentation are taken from unaudited and non-consolidated financial statements. They are subject to change during the course of review process.